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22410 Eastex Freeway

Malabar Hill Capital Acquires Development Site From Signorelli Companies In Porter For $5.5M
SOLDDevelopment Site

Malabar Hill Capital Acquires Development Site From Signorelli Companies In Porter For $5.5M

22410 Eastex Freeway

$3,100,000

$22/SF

Building Size

139,392 SF

Asset Type

Development Site

Closing

Oct 1, 2025

AI

The property asset involved in this transaction is a development site located at 22410 Eastex Freeway in Porter. The total building square footage (BSF) is 28,800, with a land size of 139,392 square feet.

Summary of transation details:

The transaction was facilitated by a team of brokers from JLL, including Alex Kelly, Elizabeth Clampitt, Simmi Jaggi, and Karina Weathers, who represented the parties involved in this deal.

Players

Elizabeth Clampitt

JLL

Broker

$3.1M

vol

2 deals

Broker
JLL
JLLBrokerage

Humble Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93